Anand Mahindra, chairman of Mahindra Group, is investing $1 million in Hapramp, an Indian start-up working on the social media challenges: user privacy, data security, and fair content monetization.
Hapramp was founded in 2018 by five students in the final year of their computer science graduate degree.
Anand Mahindra, in 2018, announced via Twitter a funding opportunity for an Indian social media start-up that met certain criteria. Mahindra tweeted that Team Hapramp had won the seed funding today.
“Took 2 Years but I finally found the start-up I was looking for,” Anand Mahindra said in his tweet.
GoSocial is a social media platform that rewards artists and creators as they post and engage with the community. 50,000 users have already downloaded the GoSocial app from the Google Play Store, before the formal launch.
The app will be available on Apple App Store; and the company plans to expand marketing to South East Asia in the coming year.